Google Adsense is one of the easiest ways to build residual income online. It is simple to set up and it is free to join. Because it is so user friendly and profitable many website owners use Google Adsense to monetize their websites and blogs.
Essentially, after a sign up and an approval by Google, Google places advertisements relevant to the website’s topic in the form of banners, links or text on your site. When a visitor lands on your website and clicks on the advertisement, you will get compensated by Google.
There are several ways one can generate residual income with Google Adsense. Before I will discuss those let me first give you a brief and general description of the process of setting up Adsense on your site.
How To Set Up Google Adsense And Begin To Build Residual Income Online
Google Adsense is a great system for generating earnings. By the way, did you know that this method is a perfect way to generate residual income for free?
The set up of Google Adsense process is very simple. All you need to do is to visit Google Adsense official website, http://www.google.com/adsense and set up an account. At the site, click on the “Sign Up Now” button. You will be brought to a wizard that will lead you through the process of signing up and submitting your application. Once your application is approved (you will be notified by email). From here on you will be able to start using Adsense on your site and you will be on your way to making money and building residual income.
After you receive your Google Adsense account information you can start placing Adsense ads on your website. The process is easy. In your account, choose which form of advertisement you would like for your site. You can have banner ads, text ads or link ads. You can choose the size and the color of your ads.
Once you make your decision and complete the selection of your ads, you will be given a code. You can place the code anywhere on your website. The ads will begin to show within about 10 minutes and you will be ready to earn money online for as long you keep the ads on your site. The placement of the ads can be done manually or by using WordPress plugins that automate this process.
2 Ways To Make Residual Income With Google Adsense
1. Revenue sharing: Revenue sharing is an excellent way to build residual income online for free. It is very suitable for people that are just starting out and/or people that do not have their own website.
There are platforms such as Squidoo (squidoo.com) or Hubpages (hubpages.com) that will allow you to create webpages or content for free on their websites. These platforms are well respected by Google search engines. Almost always they bask in high rankings that translate to free traffic.
Both, Squidoo and Hubpages are monetized with various advertising methods, including Google Adsense. The advertisements are placed on your content pages as well. When people visit your webpage and click on these ads Hubpages and Squidoo generate revenue. This revenue is generously shared with you.
Many people are using these revenue sharing methods as a sole way to generate recurring income online. Regular Squidoo or Hubpages contributors can make hundreds of dollars per month. If you do not know how to create a Squidoo page, you can get a free copy here from the Squidoo Queen herself.
2. Build residual income with your own website: The more popular and a more beneficial way to earn extra money online is by placing Google Adsense ads on your own website or a blog. Your website could either be self hosted or free (blogger.com). When you have a website and you place Adsense on it you will get ads that are relevant to the topic of your website or to the topic of a particular article/post on which the ads are displayed. Well developed, content rich sites have been very successful with this revenue generating system.
The visitors that land on your website, will be exposed to these Google Adsense ads. If they are interested in any of the advertisements they will click on the ads. When they click on the ads, you will be compensated by Google Adsense. The amount of money you receive for each click depends on how competitive these ads are. As well, the amount of money you receive depends on the amount of traffic to your website. Of course, the grater the amount of traffic to your website, the greater are your chances to build residual income online.
How To Maximize Your Earning Potential From Google Adsense
You can generate traffic to your website by a number of traffic generating techniques, such as article marketing, forum posting and commenting on other people’s websites. As well, creating Squidoo lenses or Hubpages and linking these back to your website may expose your website to a large number of visitors.
You should strive to achieve high rankings on search engines. No matter how good your site looks, if people cannot find it you will not generate income online. Strive to achieve 1st page placement in searches. Make sure you update your website regularly and that you create a quality content. Promote your website with the free tools mentioned above. Always remember that quality content attracts quality Adsense advertisements that pay well. The quality of the Adsense ads shown on your site will determine how well you will fare financially.
In summary: You can build residual income online with Google Adsense in a way of revenue sharing or by placing the ads on your own site. The amount of money you will earn will depend on the quality of your site, ranking of your site and traffic to your website. If you put a good effort into creating your website, marketing your website and maintaining your website you will generate a residual income stream that will allow you to earn extra money online for many years to come. You are welcome to suggest your own ways to build an online residual income. Please leave us your comment.